Predict your next investment

Corporation
ashokleyland.com

See what CB Insights has to offer

Investments

4

Portfolio Exits

1

Partners & Customers

10

About Ashok Leyland

Ashok Leyland is an Indian automobile manufacturing company headquartered in Chennai, India. It is owned by the Hinduja Group.

Ashok Leyland Headquarter Location

1, Sardar Patel Road, Guindy

Chennai, 600 32,

India

+91-44-2220-6000

Predict your next investment

The CB Insights tech market intelligence platform analyzes millions of data points on venture capital, startups, patents , partnerships and news mentions to help you see tomorrow's opportunities, today.

Latest Ashok Leyland News

Share Market Live: Sensex, Nifty Set To Gain; Godrej, Ashok Leyland, Biocon, HAL, NTPC In Focus

May 20, 2022

Stocks To Watch DishTV: The company will hold extraordinary general meeting on June 24. Hindustan Aeronautics: The company was granted the Type certification of first Indigenous Light Transport civil passenger aircraft. Hindustan 228-201 aircraft is the first Type certified fixed wing aircraft in India complying with latest FAR 23 certification requirement 02:23 AM

Ashok Leyland Investments

4 Investments

Ashok Leyland has made 4 investments. Their latest investment was in Hinduja Tech as part of their Secondary Market on February 2, 2021.

CBI Logo

Ashok Leyland Investments Activity

investments chart

Date

Round

Company

Amount

New?

Co-Investors

Sources

2/25/2021

Secondary Market

Hinduja Tech

$9.65M

Yes

2

3/19/2020

Private Equity - IV

Subscribe to see more

$99M

Subscribe to see more

10

11/16/2017

Private Equity - III

Subscribe to see more

$99M

Subscribe to see more

10

Corporate Minority

Subscribe to see more

Subscribe to see more

10

Date

2/25/2021

3/19/2020

11/16/2017

Round

Secondary Market

Private Equity - IV

Private Equity - III

Corporate Minority

Company

Hinduja Tech

Subscribe to see more

Subscribe to see more

Subscribe to see more

Amount

$9.65M

$99M

$99M

New?

Yes

Subscribe to see more

Subscribe to see more

Subscribe to see more

Co-Investors

Sources

2

10

10

10

Ashok Leyland Portfolio Exits

1 Portfolio Exit

Ashok Leyland has 1 portfolio exit. Their latest portfolio exit was Hinduja Leyland Finance on March 17, 2022.

Date

Exit

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Acquirer

Sources

3/17/2022

Merger

2

Date

3/17/2022

Exit

Merger

Companies

Valuation

Acquirer

Sources

2

Ashok Leyland Acquisitions

1 Acquisition

Ashok Leyland acquired 1 company. Their latest acquisition was Ashley Aviation on January 02, 2019.

Date

Investment Stage

Companies

Valuation
Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model.

Total Funding

Note

Sources

1/2/2019

Other

$99M

Corporate Majority

2

Date

1/2/2019

Investment Stage

Other

Companies

Valuation

$99M

Total Funding

Note

Corporate Majority

Sources

2

Ashok Leyland Partners & Customers

10 Partners and customers

Ashok Leyland has 10 strategic partners and customers. Ashok Leyland recently partnered with Syncron International on February 2, 2022.

Date

Type

Business Partner

Country

News Snippet

Sources

2/16/2022

Partner

Sweden

Ashok Leyland in Partnership with Syncron to Propel Industrial IoT Transformation for Predictive Vehicle Maintenance.

`` Through this partnership with Ashok Leyland , we hope to equip their customers with Syncron Uptime 's powerful failure detection technology in order to get ahead of the equipment failure , thus improving product uptime and customer service satisfaction . ''

1

2/16/2022

Partner

Sweden

Ashok Leyland in Partnership with Syncron to Propel Industrial IoT Transformation for Predictive Vehicle Maintenance

As a part of the partnership , Syncron Uptime is integrating an anomaly detection model into Ashok Leyland for a highly effective , completely connected vehicle solution that will potentially fuse predictive analytics with more accurate and relevant prediction processing to improve product reliability .

2

1/12/2022

Partner

United Kingdom

Ashok Leyland, Aidrivers to work on AI-enabled autonomous vehicles

Under the partnership , Aidrivers will provide AI-enabled autonomous solutions and Ashok Leyland will provide vehicle platforms ; the partners will work together to explore target markets and opportunities for cooperation .

2

11/2/2021

Partner

India

Subscribe to see more

Subscribe to see more

10

7/30/2021

Vendor

United States

Subscribe to see more

Subscribe to see more

10

Date

2/16/2022

2/16/2022

1/12/2022

11/2/2021

7/30/2021

Type

Partner

Partner

Partner

Partner

Vendor

Business Partner

Country

Sweden

Sweden

United Kingdom

India

United States

News Snippet

Ashok Leyland in Partnership with Syncron to Propel Industrial IoT Transformation for Predictive Vehicle Maintenance.

`` Through this partnership with Ashok Leyland , we hope to equip their customers with Syncron Uptime 's powerful failure detection technology in order to get ahead of the equipment failure , thus improving product uptime and customer service satisfaction . ''

Ashok Leyland in Partnership with Syncron to Propel Industrial IoT Transformation for Predictive Vehicle Maintenance

As a part of the partnership , Syncron Uptime is integrating an anomaly detection model into Ashok Leyland for a highly effective , completely connected vehicle solution that will potentially fuse predictive analytics with more accurate and relevant prediction processing to improve product reliability .

Ashok Leyland, Aidrivers to work on AI-enabled autonomous vehicles

Under the partnership , Aidrivers will provide AI-enabled autonomous solutions and Ashok Leyland will provide vehicle platforms ; the partners will work together to explore target markets and opportunities for cooperation .

Subscribe to see more

Subscribe to see more

Subscribe to see more

Subscribe to see more

Sources

1

2

2

10

10

Ashok Leyland Team

2 Team Members

Ashok Leyland has 2 team members, including former Chief Executive Officer, E. Balasubramoniam.

Name

Work History

Title

Status

E. Balasubramoniam

Chief Executive Officer

Former

Seshu Bhagavathula

President

Former

Name

E. Balasubramoniam

Seshu Bhagavathula

Work History

Title

Chief Executive Officer

President

Status

Former

Former

Discover the right solution for your team

The CB Insights tech market intelligence platform analyzes millions of data points on vendors, products, partnerships, and patents to help your team find their next technology solution.

Request a demo

CBI websites generally use certain cookies to enable better interactions with our sites and services. Use of these cookies, which may be stored on your device, permits us to improve and customize your experience. You can read more about your cookie choices at our privacy policy here. By continuing to use this site you are consenting to these choices.